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Today I am going to be discussing the USDA Rural Home Loan program, which is a fantastic loan product that hardly anyone seems to be talking about.
This type of loan offers 100% financing, and requires a minimum credit score of 640. You can also include your closing costs in your final loan amount, and that is huge!
Some of the catches to this loan are that it has more restrictive debt-to-income ratios and not every property is eligible for this loan type. This type of loan is only given to properties who fit certain population density requirements, and is aimed towards low to moderate income households.
However, the income requirements will differ by area, so be sure to speak with me if this type of loan product interests you. I am able to help with USDA Loans nationwide!
View this article for any additional information regarding USDA home loans.
Please don't hesitate to call and speak with me about this unique loan program. If you fit the criteria, it's really a great deal. Even if you don't fit the criteria, I'd still like to speak with you and figure out what type of home loan would be best for you.
This type of loan offers 100% financing, and requires a minimum credit score of 640. You can also include your closing costs in your final loan amount, and that is huge!
Some of the catches to this loan are that it has more restrictive debt-to-income ratios and not every property is eligible for this loan type. This type of loan is only given to properties who fit certain population density requirements, and is aimed towards low to moderate income households.
However, the income requirements will differ by area, so be sure to speak with me if this type of loan product interests you. I am able to help with USDA Loans nationwide!
View this article for any additional information regarding USDA home loans.
Please don't hesitate to call and speak with me about this unique loan program. If you fit the criteria, it's really a great deal. Even if you don't fit the criteria, I'd still like to speak with you and figure out what type of home loan would be best for you.
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